Federation of Arab Republics

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The following article is from The Great Soviet Encyclopedia (1979). It might be outdated or ideologically biased.

Federation of Arab Republics

a union of Egypt, Syria, and Libya proclaimed in an agreement signed by the heads of the three states on Apr. 17, 1971. Because of the separatist policy of A. Sadat and the aggravation of relations among the member states, the federation has virtually disintegrated.

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The AIBK was founded in 1974 by the Federation of Arab Republics (Libya, Syria and Egypt,) and is based in Cairo.

Omeima Farhat appointed as new chairperson of AIBANK succeeding Seif Al-Nasr

Late president of Libya, Gaddafi, made an appeal for unity with the Egyptian state by the signing of the Charter of Tripoli in December 1969, which included the so-called Arab Nationalist Front, and, at a later stage, establishing the Federation of Arab Republics between Egypt, Libya and Syria on April 17, 1971.

Egypt and Libya: renewed solidarity for two neighboring countries

This is besides the Arab Investment Bank established in 1978 between Egypt and the Federation of Arab Republics. However, the Egyptian national investment bank acquired most of this bank.

15 Arab banks, 7 joint Egyptian-Arab banks operating in Egyptian market

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